Draghi opposes Greek euro zone exit: newspaperReutersBERLIN (Reuters) - European Central Bank President Mario Draghi said he was against any suggestion of Greece leaving the euro zone because that would not solve the country's woes and would lead to higher inflation as well as instability in Greece.

Economic Outlook: Eurozone faces scrutinyFinancial TimesBy Neil Dennis This week will be a test for eurozone financial markets, and investors will be closely scrutinising confidence surveys and growth data for signs of improvement in the region's economy. Mario Draghi, European Central Bank president, ...

Euro zone week ahead – Spain budgets and Italy labours,Reuters Blogs (blog)By Mike Peacock The first quarter winds to a close and, for most investors, it must have been a profitable one with stocks climbing and peripheral euro zone bond yields falling largely on the back of the European Central Bank's efforts to pump prime ...

TEXT-Fitch:Eurozone PMI,utilities threatened if further dipReutersThe Markit Eurozone PMI Composite Output Index for March showed a fall to a three-month low of 48.7 from 49.3 in February. While disappointing, we don't believe too much should be read into one data point. Our base economic scenario remains anaemic ...

MONEY MARKETS-Euribor futures fall on euro zone debt concernsReutersThat optimism cooled this week after weak Chinese and euro zone manufacturing data renewed concerns about a slowing global economy and the ability of southern European states to pay down their massive debt piles. The Euribor contracts were last up 2 to ...

Eurozone PMI drops more than estimatedChina DailyA eurozone composite index based on a survey of purchasing managers in both industries dropped to 48.7 from 49.3 in February, London-based Markit Economics said in an initial estimate on Thursday. Economists forecast a gain to 49.6, according to the ...

Debt crisis: as it happened - March 23, 2012Telegraph.co.ukEuropean shares endure a rocky day and Italian and Spanish bond yields climb as fears about the strength of the gobal recovery and debt levels in the eurozonerefuse to subside. European markets have steadied following four days of declines.Telegraph.co.uk

Spain Starts to Feel the HeatWall Street Journal (blog)By Neelabh Chaturvedi Two weeks after a successful debt exchange helped avert the risk of a disorderly default in Greece, bond markets have found a new target in the euro zone: Spain. Spanish bond yields are on the rise. The 10-year government bond ...

Eurozone seeks middle ground on size of bailout fundNational Post"Officials are moving towards the middle ground of giving the combined fund a lending capacity of 700-billion," said one eurozone diplomat who had seen the Commission report that was also obtained by Reuters. By Robin Emmott BRUSSELS – Eurozone finance ...National Post

Dutch politician puts government on noticeReutersA think tank warned this week that the Netherlands was in the same fiscal boat as the peripheral euro zone states it has criticised for missing budget targets. In recession since July, it is among the euro zone's worst performers, and expected to ...

Eurozone Business Activity Declines in MarchVoice of America (blog)The eurozone's economy shrank three-tenths of a percent in the last three months of 2011 and analysts say the region's economy is still in a decline. Markit's chief economist, Chris Williamson, said the downturn is “only very mild at the moment.

Could Italy Rekindle The Eurozone Crisis?Seeking AlphaWhile everybody was focusing Greece and the European Central Bank (ECB), people were merely assuming that Italy under the hugely popular and zealously reforming Mario Monti had done enough to stop the rot of the Euro zone crisis right there, ...

CNBC: Euro Contagion Fears Return, With Spain Leading WayMoneynewsBy Michael Kling If you think the eurozone's contagion risk is over, you're likely to be disappointed. Rising Spanish bond yields indicate that Spain is suffering from contagion and probably won't get better any time soon, according to CNBC.com Spanish ...

More eurozone woes as output nosedivesThis is MoneyBy Hugo Duncan The eurozone took a turn for the worse yesterday as storm clouds gathered over Germany and France and Ireland crashed back into recession. Research group Markit said output in the single currency bloc fell at its fastest rate for three ...This is Money

Eurozone 'poster child' Ireland back in recessionDaily News & AnalysisIreland, which received an €85 billion (£71 billion) international bail-out in 2010, has won plaudits from eurozone members for its implementation of tough spending cuts and austerity measures. European leaders, including Angela Merkel, ...

Eurozone PMI falls in March but consumer confidence risesThe AustralianEUROZONE business activity shrank further in March, suffering its biggest contraction in three months and cementing fears the region is officially in recession. Markit Economics said overnight that its composite purchasing managers' index for the 17 ...

Greeks less wealthy, out of Eurozone would be worse, DraghiAgenzia Giornalistica Italia(AGI) Berlin - Greeks must resign themselves to give up part of their wealth, but to remain in theEurozone is certainly better than staying out, as Mario Draghi said in the second part of his interview to Bild. Draghi explained that, as a matter of ...

ADR Report: ADRs Fall On China, Euro-Zone Macro WorriesWall Street JournalBy Joan E. Solsman Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Shares of international companies trading in New York declined Thursday, after renewed worries about China growth and weak data in the euro zone weighed on markets around the world.

FRANKFURT CONTACT TELLS SLOG: “EUROZONE WILL ...By John WardAs ECB President Mario Draghi declared the eurozone out of the woods yesterdays, The Slog's Bankfurt Maulwurf offered a diametrically opposed opinion. And more details emerged of how French security services botched the monitoring of ...The Slog

How Rating Agencies are aggravating the Euro CrisisBy Fabian LindnerRating agencies Standard & Poor's, Fitch and Moody's are alive and kicking: the whole world quakes in the face of their credit ratings, not least most recently the governments in theeurozone. The rating agencies influence the ups and downs ...Social Europe Journal

THE ASTUTE BLOGGERS: Uh-oh: Euro-zone debt crisis not overBy Reliapundit“The data highlights the knife-edge that the eurozone is operating on, with even core countries struggling to grow at a sufficient pace to compensate for the ongoing recessions in several peripheral nations.” ING economist Peter Vanden Houte ...THE ASTUTE BLOGGERS